Corporate Finance
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Q1 2025 marks a turnaround for Nigeria’s corporate giants, with many returning to profit as FX losses ease and business strategies adapt to a tougher economy.
While foreign exchange gains drove the rebound, the CBN’s earnings report also revealed a sharp drop in net interest income and surging liabilities, pointing to ongoing financial pressures.
Revolut plans to enter South Africa, but regulatory, tax, and labour hurdles could complicate its digital banking expansion.
New withholding tax rules will make companies handle tax deductions differently, impacting compliance and business operations.
TMRAS introduced by Nigeria’s OAGF has left Nigerians confused on the position of Remita. This article answers questions about the revenue system.
How Nigeria’s new revenue collection system, TMRAS, will impact businesses, government revenue, and tax compliance.
South Africa’s minibus taxi industry dominates public transport but pays little tax. Here’s why enforcing compliance remains a challenge.
The latest move aligns with the lender’s broader plan to deepen its foothold in Kenya’s digital banking space.
Nigeria partners with Flutterwave to digitise tax payments, aiming to improve compliance and efficiency while raising concerns about regulatory oversight.
The contraction of the lender’s balance sheet also led to a notable drop in customer deposits and credit to customers by $300 million and $900 million, respectively.